Wednesday, June 1, 2011

GOP Political Euphemism (s) - Fast Facts #8

We don't have a revenue problem we have a spending problem in Washington.

Speaker of the House John Boehner explained: "Washington does not have a revenue problem. Washington has a spending problem."

Majority Leader Eric Cantor said: "The fact [that] I think most Americans get, Washington does not have a revenue problem. It's got a spending problem."

Senator Orrin Hatch said: "We don't have a revenue problem;" "We all know we have a spending problem."

Really?

Look at the countries tax revenue since we received the George W. Bush "UNPAID" "NOT OFFSET" tax cuts. Then we have estate tax changes and extensions of these same tax cuts to see the countries tax revenue slump to 50 year lows.

At a time when the country grew from a population of 281,421,906 in 2000 to a population of 308,745,538 in 2010. This is an increase of 2,732,363 residents, an increase of just under 10% in 10 years.

So I'm not saying that we can't look at spending. And I am not opposed to pairing back some of the governments wastes, frauds and abuses.

But WE HAVE A REVENUE PROBLEM.

And the tax cuts and extensions over these past 11 years has placed us in a very precarious position.

Fact is the GOP drove us here while in charge of the white house and controlling congress at the start of 6 of those 8 wonderful George W. Bush years. All while the Democrats sat in the back seat, watching the pretty scenery.

Today the GOP talks like they have our budget problem solutions and it is not a revenue problem, it's a spending problem, our anwser from heaven.